cylonlover writes: The European Commission has announced two Future and Emerging Technologies (FET) Flagships that could each receive funding of a staggering one billion euro (US$1.3 billion) over a period of ten years. The “Graphene Flagship” and the “Human Brain Project” are large-scale, science-driven research initiatives designed to “fuel revolutionary discoveries” and provide major benefits for European society – hopefully creating new jobs and providing economic growth along the way.

The Graphene Flagship aims to get graphene out of the lab and into real world products and applications, while the Human Brain Project will attempt to gain a better understanding of our least understood organ so as to develop new treatments for brain diseases, build new computing technologies inspired by the architecture of the brain, and provide insights into what makes us human.